source: Michael Woods | ESPN.com
Fight fans have been letting Bob Arum know that the time is now, that they want him to help make the Manny Pacquiao-Floyd Mayweather fight happen.
Arum, at a Miguel Cotto open media workout at Trinity gym in downtown NYC on Tuesday, said he's trying to give the fans what they want. He's meeting with investor groups to pull off a Super Bowl-type extravaganza, he said. Just don't even bother hoping that bout could land, if it happens, in NYC, at MSG.
"No. Never, ever happen," Arum said.
The promoter said Pacquiao and Mayweather would have to pay a 14 percent independent contractor tax to the state. In Nevada or Texas, that tax wouldn't apply. Antonio Margarito can get a credit for the tax on his California return, and Cotto can do the same in Puerto Rico. Why, Arum said, would they take that hit on their purse if they don't have to?
"We have different investor groups approaching us, want to do the fight and we have time to sort it out. I think our first choice is to do Mayweather and our second choice is [Juan Manuel] Marquez," he said.
He also touched on a recent story in which Pacquiao's strength and conditioning coach, Alex Ariza, blasted the promoter for being "greedy" and accused him of trying to steer clients away from the coach. Arum shrugged off the slams.
"It was ridiculous," Arum said. "Ariza isn't the brightest bulb on the block. He has nothing to say about anything. I just called Freddie Roach up and told Freddie to shut him up. Freddie and I are aligned on our thinking."
Arum said he was taking meetings with HBO and Showtime today, and discussing what's next for Top Rank stable fighters Nonito Donaire, Brandon Rios, Yuriorkis Gamboa, Mike Jones and Tim Bradley.